by Peter Schiff
Schiff Gold
Peter Schiff recently did a presentation at the Endeavour Silver Town Hall Webinar. He talked about the state of the economy, the US dollar, and gold and silver. Peter said he thinks we’re about to see a gold bull market rivaling the 1970s because the world is going to reject the dollar standard and go back to a gold standard.
Peter said we had a peak in gold and silver prices in 2011 because the Federal Reserve managed to convince the world that it could “do the impossible.”
That it could actually normalize interest rates after having kept them at zero for many many years, and it could shrink its balance sheet back down to normal after blowing it up to four-and-a-half trillion.”